Axios Media Trends Returns with Key Media and Politics Updates
@Axios Media Trends is back after a brief break 👶🍼 Today's edition: — 🍿Scoop: Sarandos never met w Trump or any WH officials last week — ⚖️Paramount regulatory next steps — 📢Midterm messaging mapped — 📺Jeff Zucker intv. on his next big bet Subscribe: https://t.co/d8VFQJHDMm
World's Longest-Serving News Anchor Duo Celebrated
Meet the longest-serving news anchor team in the world — Delightful read from @katie_robertson https://t.co/L2xancAgbj
Warner Bros. Gains 78% Stock Surge After Hollywood Merger Battle
Hollywood's mega-merger battle ends with Warner Bros. as the real winner with a 78% stock bump since September - https://t.co/Ue55w8GTQk
Netflix Skips Pricey Bid, Shares Jump 8%
Bottom line: Netflix walked away from an expensive bidding war that wasn't prudent and in doing so, it conveniently leaves one competitor saddled with debt and two competitors burdened by a very long, distracting regulatory approval process — Investors agree. $NFLX...
Warner Bros. Discovery Anticipates Stronger Offer After $31 Bid
Paramount Skydance raised its bid to $31 per share — Warner Bros. Discovery said the updated bid "could reasonably be expected" to lead to a superior proposal https://t.co/z6F8zlBcky
Presidential Remarks Won’t Sway DOJ Approval, but May Affect Sale
The president's comments about Netflix/Susan Rice shouldn't have bearing over the approval of any WBD deal — a decision to sue to block would be made by the DOJ which would face an indp judge in court — BUT his...
Hearst's B2B Drives Record $13.5B Revenue
New: @Hearst says it had record revenues ($13.5B) & profits last year, thanks to the continued growth of its B2B arm, which now makes up 60% of its entire biz https://t.co/Uofy5iRA8A
Disney Sues ByteDance over Seedance 2.0 Copyright Breach
Scoop: @Disney today sent a cease and desist letter to @ByteDance over Seedance 2.0 for copyright infringement - Follows swift condemnation from Hollywood advocacy groups such as @motionpictures and Human Artistry Campaign - More on @axios https://t.co/0lpdhJs0GP
Candle Media Sells ATTN Back to Founders, Retains Minority Stake
Exclusive: @candlemedia sells ATTN: back to founders Matthew Segal & Jarrett Moreno —Candle will maintain a minority stake —Segal and Moreno acquiring majority stake alongside a new investor group that includes Shari Redstone, Paul Wachter & more @axios https://t.co/MvQQNtTm26
Paramount Raises WBD Bid, Adds $2.8 B Fee
NEW: #Paramount updates hostile takeover bid for @WBD —Will pay the $2.8 billion termination fee WBD would owe Netflix if deal collapsed —Will pay a $0.25 per share "ticking fee," to WBD shareholders for each Q transaction has not closed after...